As a p2p digital cash system, bitcoin has some unique features which make it particularly attractive to scammers. The irreversibility and pseudo-annonymity of transactions are particularly inciting to nefarious actors.
The technology is still very new. So regulation, consumer protection, best business practice and supervisory bodies are sorely lacking. With that in mind it is important to learn how to protect oneself against scam artists.
https://ice3x.co.za/how-to-spot-a-bitcoin-scam/
Summary:
- Make sure they are not listed on www.badbitcoin.org.
- Beware of bitcoin ponzi schemes that promise you incredible returns.
- Do background checks and due diligence on the company.
- If there is any doubt at all, don’t give them your Bitcoins.